EURUSD

[beast_master]

wala na nga garter eh. It has to rely on something to keep on hanging.

Para di OT. EURUSD nears 1.38. which is near the 50% daily Fib. If it breaches this level I am looking at 1.35. If it bounces at 1.38, I am looking to re-enter somewhere near 1.4000

[yeahbah]

Mukhang hindi na aabot ng 1.38

Here's my long trade setup:

eurusd.gif (76.31 KiB) Viewed 130 times

[hunter]

1.3950 is strong..

master, mag llong po kayo with the fundamentals in europe? or just for retracement?

[yeahbah]

just for the retracement of course. short pa rin itong eurusd.

[yeahbah]

I'm in

[yeahbah]

This is the correction we've been waiting for. EURUSD is now approaching psychological resistance level at 1.4. I'll be taking some profits at that price and will hold some at zero risk just in case it moves higher.

[yeahbah]

This pair is really weak, it can't even go near 1.4. If the price closes below the blue line, that's a sell short for me. Target: 1.38

eurusd.gif (78.08 KiB) Viewed 113 times

[yeahbah]

hay should have shorted when the ADP Non-Farm Employment Change was released. The numbers was better than expected. Considering the Euro zone's financial health, any good news from the US should be good enough reason to short EURUSD.

EUR Interest rate announcement will be announced tomorrow 7:45am EST. No change is expected but If they cut rates, short EURUSD like there's no tomorrow.

From my chart above, the blue line has already been broken.

[beast_master]

anybody here who shorted this pair at 1.40? i did. I thought ma stop out na naman when it went up 1.4025.buti na lng. i will hold on to this a little longer beyond 1.38

[yeahbah]

wow congrats! i got left behind dahil nagsampung isip ako hehe. last night there was an ab=cd pattern in the 15min chart but i didnt take it. this morning, good adp non farm payroll number i didnt short it still dahil kaligo ko lang hehe.

hintay na lang ako retracement or just trade the news tomorow and on friday